Looking for the Handle after finding the cup.Found a cup and handle Formation on Tsla. Tsla also broke out of a longterm downtrend. PT 350-400. I am out after that. Because I expect a big longterm bear market after 6 months from now. Inflation is far from over. Tsla looking good!Longby Robinsmagicshow3
Tesla, Inc. (TSLA) short term outlookNASDAQ:TSLA is approaching a key resistance level, with an ascending trendline supporting the price. A breakout above the current consolidation zone could lead to further upward movement, especially as the price hovers near the upper Bollinger Band. Keeping an eye on the volume and the stock's performance around the moving averages will be critical in determining the strength of any breakout. Longby TraderhrTrading3
TSLA - $233-$235 KEY for UPSIDEHello people of the world! Here's your update in 5 minutes or less on TSLA! It's going to be as simple as this: Close a daily above $235 and chances of the shorter term upside target being $265-$270 increase significantly. Right now, I don't see a trade that is worth the risk from a short term perspective. We really need to see a good break of this important resistance. FOMC is today so things will likely get a little more volatile today and will open the door for the Sep/Oct slump if that is going to happen this year. Elections are still a wild card and rate cuts are going to be a factor as well in all of this. All in all, we need to wait for a break before making a move.04:56by bitdoctor4
Predicted Performance of Interest Rate Cuts on TSLAThe predictions are: 1. There will be a surge for TSLA stock price in short term due to interest rate cuts As a high-tech company which relays relatively heavier on borrowing moneys for research and development, it is believed that TSLA will be beneficial from interest rate cuts. Target Price Rage: 340 - 420 2. TSLA stock price will finally drop due to the downturn of US economy as a whole in long term Disclaimer: There is no intention to induce any person nor party to invest in whatever stock mentioned Longby shanofppl19898810
TSLA - Setting Up for a Bearish Move?Tesla’s current price action looks as it is unfolding within a classic Wyckoff Redistribution pattern, indicating a potential bearish continuation. This analysis will break down the key phases and volume confirmations leading up to the Upthrust After Distribution (UTAD), which could be a critical point. Redistribution Phases: Preliminary Supply (PSY): The first sign of significant selling pressure, where larger players start to distribute their positions. This phase marks the beginning of the trading range and is characterized by an initial reaction in the market, setting the stage for the upcoming phases. Selling Climax (SCLMX): The SCLMX is marked by a dramatic increase in selling pressure, causing a sharp decline in price. This is a pivotal moment in the pattern, establishing the lower boundary of the trading range with a notable increase in volume and volatility. Automatic Reaction (AR): Following the SCLMX, the AR is a swift rebound that creates the upper boundary of the trading range. This reaction shows a temporary balance between supply and demand but does not indicate a reversal of the overall trend. Secondary Test (ST): The ST is a retest of the SCLMX level, where the market checks if demand is strong enough to hold the lower boundary. The lower volume during the ST suggests that the buying pressure is weakening, reinforcing the bearish outlook. Secondary Test in Phase B (ST - Phase B): This ST occurs during Phase B, further testing the lower boundary of the trading range. It confirms the structure of the range and indicates that the market is preparing for further distribution. Upthrust (UT): The UT represents a deceptive breakout above the upper boundary of the trading range, aimed at trapping breakout traders and shaking out early short positions. This phase often leads to a quick reversal back into the range, signaling that the distribution process is still ongoing. Upthrust After Distribution (UTAD): The UTAD is the final effort by the market to push prices above the trading range. This phase is typically accompanied by a surge in volume as the last of the demand is absorbed by the stronger hands. The failure of this breakout and the subsequent reversal back into the range is a strong signal that the market is ready to move lower. Volume Analysis: The volume during these phases is crucial for confirming the pattern. High volume during the PSY, SCLMX, and UTAD phases indicates strong selling pressure, while lower volumes during the ST phases suggest weakening demand. The volume spike during the UTAD phase is particularly important, as it indicates that the remaining demand is being absorbed. The subsequent drop in volume and if there is a reversal back into the range it will confirm that the market lacks the strength to sustain higher prices. Shortby OnlyProfits888Updated 7
TSLA - Ready for next leg upThis chart highlights a clear reaccumulation structure, following Wyckoff’s method. Here’s a breakdown of each phase, with vector candles confirming the price action. PS (Preliminary Support): Initial buying interest begins after a downtrend. Volume increases as smart money steps in to absorb supply, marking the start of reaccumulation. BCLX (Buying Climax): The price surges higher, forming the upper boundary of the trading range. Larger bullish vector candles and high volume indicate strong buying pressure but a temporary exhaustion of demand. AR (Automatic Rally): The price moves downward, establishing the lower boundary of the trading range. Volume decreases as selling pressure is absorbed by buyers, with bearish vector candles forming. ST (Secondary Test): The price tests the range but doesn’t reach the BCLX high. Lower volume and smaller bullish vector candles indicate that demand is building as supply diminishes. Creek: The price drifts lower under sloping resistance (the Creek), unable to break above. Alternating small vector candles and low volume show indecision as buyers and sellers remain balanced. Spring: The price briefly dips below support, forming a bear trap. Large bearish vector candles with long wicks confirm a swift recovery as demand absorbs remaining supply. JAC (Jump Across the Creek): The price jumps above resistance. Larger bullish vector candles and increasing volume signal buyers have regained control. Test: A low-volume pullback tests new support. Smaller vector candles show that selling pressure is weak, confirming the market’s readiness to move higher. SOS (Sign of Strength): The price breaks out of the trading range with strong bullish vector candles and increasing volume, signaling the start of a new bullish trend. LPS (Last Point of Support): The price falls to the lower boundary, confirming support. Smaller bearish vector candles with declining volume show that selling is minimal and buyers are stepping in to accumulate shares. Key Observations: Price Finding Support Above Resistance: After retesting the previous resistance, the price holds, with smaller vector candles confirming weak selling pressure. This signals that the market is poised for a move higher. Increasing Buy Volume After LPS: The upward move following the LPS is accompanied by rising buy volume. Larger bullish vector candles confirm growing demand, indicating that the market is ready to break out of the reaccumulation range. Role of Vector Candles in the Reaccumulation Phase Vector candles provide clear insight into the shifting momentum between buyers and sellers during each phase. Larger, stronger green candles during the JAC and SOS phases confirm the strength of the bullish move, while smaller candles during the Test and LPS phases suggest that selling pressure is fading. This visual representation of market dynamics supports the view that the reaccumulation phase is complete, and the market is ready for another bullish leg.Longby OnlyProfits8884
TESLA breakout?Tesla is narrowing in on its 234$ resistance line. The wedge forming looks to be setting up for a breakout late this week or early next. It looks as though if it can smash its heavy resistance at 234, it has room to run up to its gap of 246$. Then it may have room to run up to its 52 week highs in the 4th quarter.Longby jbs20168
TSLA: Buy ideaBuy idea on TSLA because we have the breakout with force the vwap and the resistance line by a big green candle follow by a large green volume.Longby PAZINI194424
Tesla 4 HOUR Are we Going to 234???? Good morning Traders In this video I speak on Tesla and doing a quick break down on which levels to look for if we are breaking up with a target of 134 and beyond. Enjoy the video If you have any questions, comments, tell me what you like , dont like and what videos you want to see. Happy Hunting MB Trader Long08:16by Mindbloome-Trading0
TSLA / 1D / Short IdeaIm not one to bet against the Musk, but with global recessionary fears, rising inventory numbers, and the prospect of a short term high on the SPY, there are multiple macro confluences to factor in with this 3 wave Flat corrective move. Based on how we invalidated a 5 wave impulse to the upside with our recent price drop, this would now be my next primary count until otherwise invalidated. An invalidation would be a break above the recent high, although that would become more probable if we break above the highlighted resistance fractal. Shortby LoganSilver116
TSLA - 4h - Failed to surpass the resistanceTesla Inc. stock has struggled to break through a key resistance level. On Monday, the stock tested the $232.80 resistance for the third time but failed to surpass it, signaling weaker demand for shares. This repeated inability to break higher suggests that we might be on the verge of a pullback, with the potential for the price to decline towards the $202.00 level. For traders and investors, this could indicate a period of caution as the stock faces increased selling pressure. Will TSLA find the strength to bounce back, or are we in for a deeper correction?by Mike_Trading_9
TSLA Lets Talk About Tesla Long this MACD setup. DCA encouragedNot financial advice. try to give a breakdown and importance of the MACD and how it is responding on the monthly and how on a 3 week chart we are moving in 1-5 wave . worth a watch and dollar cost averaging would be encouraged here.Long16:48by ThinkLikeaWhaleTLAW3
TSLA - 1W - Symmetrical TriangleTesla is currently trading within a symmetrical triangle, which remains intact until the price manages to break out or break down. In other words, a decisive move through support or resistance will likely determine the stock’s next direction. At this point, there isn’t enough conviction in either direction to forecast the outcome. Key levels to watch outside the triangle are $260 on the upside and $165 on the downside.Longby Mike_Trading_4414
$TSLA Long Position - Bullish Channel SetupI'm going long on NASDAQ:TSLA at $229.28 based on a strong bullish channel and favorable technical indicators. Bullish Channel Formation: NASDAQ:TSLA is trading within a well-defined rising channel on the daily chart. The price is respecting both the lower and upper trendlines, making higher lows and higher highs. This is a strong sign that the uptrend is intact, and the price could continue moving higher as long as it stays within the channel. Entry at Key Support: My entry point is $229.28, which sits near the lower trendline of the channel, a historically strong support zone. This price level offers a favorable risk-reward ratio, with the potential to ride the channel upwards towards higher price targets. EMA Support: NASDAQ:TSLA is currently trading above the 20-day, 50-day, and 100-day EMAs, reinforcing the bullish sentiment. These moving averages are sloping upwards, showing that buyers are gaining control and the momentum is shifting in favor of bulls. MACD Bullish Crossover: The MACD indicator has recently shown a bullish crossover, indicating potential upward momentum. This further supports the possibility of a continued upward move, with price targets towards the upper range of the channel. Target and Stop-Loss: My target for this trade is at the upper trendline of the channel, around $340, which offers a solid risk-reward setup. I’ve placed my stop-loss below the lower trendline at $217, protecting my position in case of a channel breakdown. Trade Details: Entry: $229.28 Target: $299 - $340 Stop-loss: $217 Let’s see how this bullish channel plays out! 🚀Longby TrendShredder5
Tesla (TSLA) Resistance Breakout and Next Target Current Resistance Level: Tesla’s stock (TSLA) is currently testing a key resistance level. Breakout Scenario: If TSLA breaks above this resistance, it could indicate a bullish breakout, suggesting more upside potential. Next Resistance Target: Once the breakout is confirmed, the price could aim for the next resistance level as the target. Confirmation: Wait for Tesla to close above the resistance with strong buying volume. Look for bullish candlestick patterns to confirm the breakout. Risk Management: Place a stop-loss just below the new support level (the previous resistance) to manage the risk of a false breakout or price reversal.Longby rebenga934
Tesla UpdateObviously one thing that is on EVERYONES mind this week that trades stocks...the possible fed rate cut. It seems the overwhelming consensus is that they will cut rates. The question that most seem to be asking is not if but how much. Will it be 25 or 50 basis points? The bigger question I have is how the market will react to it. Will it be looked at as a good thing for the economy or a sign that hard times are coming. It seems, from the stories I'm reading, a recession is imminent next year. So how does this all relate to Tesla? Looking at the pattern I have been tracking, we're on the verge of completing what I am calling the B wave of (2). It would make sense to me, fort this pattern to complete in the next 1-3 trading sessions just in time for the fed announcement. The announcement, whatever it says, has a high chance of receiving a knee jerk reaction to the downside. This would be an ideal catalyst for the move lower to finish off the wave (2). If not wave (2), my ALT says it is the final ((C)) of ((2)). Either way, both patterns point lower. This pattern off of the $182 bottom made on 05 August is just too choppy and overlapping for me to call impulsive. I could always be wrong, but a LD is the only impulsive pattern I could see forming from this. The odds of a wave 3 starting in a LD is extremely low. Wave 3's are normally the strongest move higher, so the idea of it starting as an overlapping indecisive pattern just doesn't sit well with me. In short, I expect this pattern to complete within the next 1-3 days. Afterwards, it should start a move down targeting either the $167.09-$182 area, or the $105-$125 area. This completion time frame is just an educated guess at this point. Given the data outside EWT though, it is what makes sense to me at this time. My plan at this time is still to sell my shares when/if price can enter the target box. I still have a stop for half of my shares set at $223.50. Hopefully price obeys my thesis, and we can offload some shares before it falls again. This is a B wave by my count though, and they can be complex and unpredictable. by TSuth227
TESLA: Bearish Continuation & Short Signal TESLA - Classic bearish formation - Our team expects fall SUGGESTED TRADE: Swing Trade Sell TESLA Entry Level - 230.26 Sl - 240.29 Tp - 211.23 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals116
TSLA Long Tesla broke out of this long-lived triangle and will be heading towards previous highs for the remainder of this year (Santa Clause run). Rate cuts- a 50% chance of a 0.5 basis point as I write this post and Robotaxi Day at the beginning of October should be brilliant catalysts to reach previous highs ($414.50) until the end of this year. Remember risk happens fast :) NOT FINANCIAL ADVICE. by marius6664
TESLA Local Short From Resistance! Sell! Hello,Traders! TESLA went up and will Soon hit a horizontal Resistance of 235.00$ And from where we will Be expecting a local Bearish move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals225
IS TESLA STOCK READY TO RALLY? (September 14, 2024)Some HTF views of tesla stock & data analysis to figure out if Tesla is about to go on this massive multi year rallyLong19:59by Jonalius2121229
TSLA / UNDER BEARISH PRESSURE - 4HTSLA / 4H TIME FRAME HELLO TRADERS Currently, prices are trading below the turning level at 250, which indicates a potential for downward pressure. If prices remain below 250, it suggests a potential decline towards 214. Should prices stabilize below this level, further declines towards 194 could be expected. However, if prices break above 250, confirmed by a 1D or 4H candle close, the market may shift to an upward momentum, potentially reaching 264 and 277. Breaking the channel at these levels would indicate the activation of an upward trend zone. Turning Level : 250 Shortby ArinaKarayi7
TESLA A Fall Expected! SELL! My dear friends, Please, find my technical outlook for TESLA below: The instrument tests an important psychological level 230.26 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 214.86 Recommended Stop Loss - 239.60 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK Shortby AnabelSignals223
TSLA three year pullback over?Can you see a potential breakout to the upside on this long term chart?Longby anon_trade2213